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Permalink Reply by Skip Peel - Mineral Consultant on Congratulations, John. The initial well is a good one. There is spacing approval for more wells that have not yet been permitted. Considering the performance of this first well, I think Aethon will drill more. When asking questions here on GHS is is advisable to list the section-township-range location of your minerals. The state database is organized on s-t-r and it makes accessing the data easier. Do you know which section you have an interest in: 16? or 21?
Permalink Reply by Skip Peel - Mineral Consultant on Aethon has spacing authority for 3 wells producing from the south half of 16 & 21 and 6 wells producing from 16 & 21. Those wells are now approved to be permitted whenever Aethon is ready to drill them. That's more wells than will be drilled at one time. Maybe 3 to 4 at a time until the section is fully developed. The capacity of pipeline serving 21 will dictate the number of wells drilled and when they are drilled.
Shale drilling and lithium extraction are seemingly distinct activities, but there is a growing connection between the two as the world moves towards cleaner energy solutions. While shale drilling primarily targets…
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